The morning news. [volume] (Savannah, Ga.) 1887-1900, 1887-05-17

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LIVERPOOL May 16, noou.-Cotton firm, with
fair demand; middling uplands sgd, middling
Orleans sgd; sales 10000 bales, for speculation
and export 1000 bales; receipts 1900 bales
American 1900
Futures-Uplands, low nlddling clause, May
and June delivery 476td, June and July 47-64d,
July and August sod, August and Sentem-
| Der 5 49-64G95 50-64d, September and October
5 406id October and November 90-64d. No
vember and December 2S-64d, September
| 5 50-6405 51-64d Market firm at the advance.
The tenders of deliveries at to-day's clearings
amounted to 300 bales new docket.
Up. m.-The sales to-day were 200 bales of
American.
| delivery 4164d, buyers; May and June l1-64d,
buyers; June and July 41-64d buyers; July
and August 4S-64d. buyers; August and Sep
| TENDER 49-6id, buyers: September and October
3 41-64d, sellers; October and November ) 3l-64d,
sellers; November and December 2S-64d, buy
ers; September 50-64d, buyers Market closed
| firm.
| 4:00p. MIXTURES: Uplands, low middling
clause, May delivery 5 47-64d sellers; May and
! June 81 -64d, sellers; June and July 4'-64d,
! value; July and August 5 4S-64d, buyers; Au-
gust and September 49-64d. buyers; September
and October 40-64d, Sellers October and No
vember 80-64d, buyers; November and Deem
Der 2S-64d, sellers; September 50-64d, buyers.
| Futures closed dull.
New YoRK, May IS, noon.-Cottou opened
| firm middling upands 1890, middling Orleans
| II 1-1Gc: sales 324 bales
Futures-Market steady, with sales as follows:
May delivery 10 nc, June 10 SEE, July 10 We,
| August 10 Soc. September 10 Acc, October 9ac.
| 5:00p. m.-Market closed firm; middling up
lands l0zsc, middling Orleans II lice; sales to-
| day lS1 bales; gross receipts ,0S5 bales.
Futures-Market closed dull with sales of
81, 400 bales, as follows: May delivery 10 76c,
| June 10 Si@10 Sc, September 10 4Sdl0 49c,
| October Q 900 10 00c November S649 SIC, De-
1hsar az. lon, NV "a
| airy 97@9 99c, March 10 04d.l0 06c
Green Co. report on cotton futures says:
| Business was unusually light and the market
| did not amount to much Offerings were so
managed as to prevent any great supply coming
upon sale, and buyers getting little nervous
| over reports of dry weather east of the Missis
points at one time, AS so frequently demon
strated of late, however, the shorts were soon
wseded out and reactionary feeling followed
that left rates only fraction above Saturday
| GALVESTON, May 16.-Cotton steady; middling
103Sc; net receipts 10 bales gross 10; sales none
stock S,4oS bales; exports to the continent 755
| bales.
| NORFOLK May 16-Ciotton firm; midd.ing
1034c; net receipts us bales, gross 49, sales Il
bales; stock 4, 372> bales; exports, coastwse 443
| bales.
BALTIMORE, Nay 16-Cotton firm; midding
| lie: net receipts bales gross S35 sales none;
| stock 4,S66 bales; exports, coastwise 95l bales.
Boston, May 16.-CottOn steady; middling
none; stock none.
WIIM1NGToN, May 16-Cotton firm; mid
ding l035c; net receipts 36 bales gross 81; sales
| none; stock ,925 bales
| PH1LADEIpH1A, May 16-Cotton steady; mid
ding lie; net receipts 81 bales, gross 81; stock
| %, S22 bales.
New ORLEANS, May 16.-Cotton firm; mid
ding 1920; net receipts ,62S bales, gross 1923;
| sales 1000 bales stock 1873 bales: exports,
| to Great Britain $500 bales, to the continent
| g. 1858 bales, coastwise III.
MOBILE, May 16-Cotton firm; middling 1880;
net receipts % bales, gross 20; sales none; stock
| 2271 bales.
MEMPHIS, May t6---Cotton firm; middling
sales 375 bales; stock 1898 bales.
| AUGUSTA, May i6.-Cotton firm; middling
1O8sc; receipts IS bales; sales " bales.
| CHARLESTON, May 16.-Cotton firm: middling
| 101sc; net receipts rs bales, gross IS; sales =
bales; stock 1912 bales.
ATLANTA May 6.-Cotton-middling 1Oc; re
ceipts none.
| NEw YoRK, May demonstrated net re-
ceipts for all cotton ports to-day 2 1853 bales; eX
| ports, to Great Britain 1905 bales, to the conti
| nent 1907 bales; stock at all American ports
| 375,612 bales.
| PROVISIONS, GROCERIES, ETC.
LIVERPOOL, May is, noon.--Wheat firm, with
| fair demand; holders offer moderately. Corn
| quiet but steady, with poor demand
New YoRE, May I6, noon.-Flour quiet and
| firm. Wheat better. Corn unchanged. Pork
firm; mess S16. Lard firTner at 81 org Freights
| steady.
SOD p. m-Flour Southern quiet but firm.
| Wheat 14G919c higher and moderately active,
91l4c, June 96]1@97 1-16c, July 959s@g96 S-l6c.
| Corn a shade easier and quiet; options I'M
changed. Oats, cash steady; No. ? 56g3334c,
May and June delivery S31E@33}sc, July $40
| 341sc. Hops quiet. Coffee, fair Rio dull and
nominal at 1880; No. Rio fairly active, May
delivery 10 Csc June 16 600l7 10c, July 16 500
! Il 90 SuFar dull; refined quiet. Molasses
steady. Cotton seed oil-3215@E33c for crude,
;So1s1l89c for refined, Hides steady and quiet.
| Wool quiet, but steady. Pork quiet but steady.
Beef dull. Middles nominal Lard COS points
/ higher and moderately active; Western steam
! S. 05, june delivery IS 95g7 o., July 81 04Q7 Il.
| Freights duh; cotton Lied, wheat ID.
The following were the cash quotations:
Flour steady and firm: Wheat No: spring
| @3S7Sc. OATS No. q a02GIsc. Mess pork
| 81 %. Lard So 65a6 20. Short rib sides,
| loose 81 1907 To- Dry salted shoulders S. 60
| O. 70; short clear sides, boxes S. 55@7 go.
! CmcAGo, May 16.-June wheat opened this
| morning at S71sc, and at once went to 871ac,
| higher than was touched at all during the late
| ing in the crowd, brought about by clique
operations last Saturday, large export clearings,
| and an expectation of about 100000 decrease
in the visible supply were the cause of strength.
| Clique buying during the first hour of the
| session was very light, and the balance of the
crowd were in possession of the market. Every
| trade in the pit was trying in one way or an
1
| unanimously bulhSh. At the close of the first
hours trading June was bid up to S134c, with
| sellers at that price very few. st midday an
advance of l$4c had been scored in June. The
| predictions of SOC for June wheat before the
| week was over were made very freely and
| shorts were extremely nervous They started
| buying themselves, and the clique did not begin
! TO bid very loudly early in the day.
| After probably an hour from the opening of the
| session the clique We're known to be picking up
| everything offered, and the shorts became panic
| stricken. Before this prices We're S734c and be-
| low for June, but when the stampede com
| mepced, that option right up to SS}sc. At
| sc there was considerable short wheat covered,
| but it came from the crowd promscuously and
| 10 very large lines We're evened up around SSI5c
| and SSl4c. There was short lull, and prices
| again advanced. June went right up 10
! SS340SS5sc. Little later on it reacted
some and at 1870 il was selling at $500 SSI6c.
| Immediately after the afternoon session opened
| June wheat bulged 10 51c, but it failed TO hold
and settled back 10 SS]kc. Between these two
| figures it was very actye, aud the final close
was SS960SS3{c. Corn opened easier, at 40i5c
FOR July. sold down to 4O3sG1 fo&lc in the first
few minutes, aud continued TO drag until mid
day, ween soIae pork men stepped over into the
corn pit at time when wheat became the
strongest, and ran prices of July up to Aye,
Later IL reacted to ill4c and remained steady
around 4iMG14l3sc, AZ which figure IL closed. A
larger arrival Of hogs than was expected made
provisions weak, July lard opening SC lower, at
80 70, and July ribs also opened sc lower, OF
S. 1871. AfteIward lighter receipts Of hogs at
other points and an abundance OF selling made
provisions firm I'D little. In the course Of an